Massive Bayview Residences project for sale in "billion-dollar" deal

The Bayview Residencesand Roundhouse site [map] in Vic West is for sale. No price has been set for one of Victoria’s most ambitious development projects, encompassing eight hectares overlooking the city’s harbour.

Brookfield Financial Real Estate Group Ltd., a Canadian investment banking company, is marketing the properties on behalf of developer Ken Mariash, Brookfield managing partner Greg Kalil said from Toronto yesterday.

“We are marketing it either for sale or for a joint venture with the current developer,” Kalil said, noting no asking price has been set.